Capital Gain Distribution Analysis

SGRAX - Managers

Joseph M. Eberhardy

Manager

Start Date

Apr 25, 2008

Tenure

10.69

Tenure Rank

4.8%

Joseph Eberhardy is a senior portfolio manager for the Heritage Growth Equity team at Wells Fargo Asset Management (WFAM). Joe joined WFAM from Strong Capital Management, having joined Strong in 1994. Prior to his current role, he was a senior research analyst with the Heritage Growth Equity team. Before joining the Heritage Growth Equity team in 2000, his previous roles at Strong Capital Management included small to mid cap equity analyst, high yield bond trader and fixed income accounting manager. Joe earned a bachelor's degree in accounting from the University of Wisconsin, Milwaukee. He is a Certified Public Accountant and has earned the right to use the CFA designation.

Thomas C. Ognar

Manager

Start Date

May 01, 2002

Tenure

16.68

Tenure Rank

1.8%

Thomas Ognar is a managing director and senior portfolio manager for the Heritage Growth Equity team at Wells Fargo Asset Management (WFAM). Tom has oversight and portfolio management responsibility for the team’s Small Capitalization, All Capitalization and Large Capitalization Growth portfolios. He joined WFAM with the acquisition of assets from Strong Capital Management. Tom entered the investment industry in 1993 and joined Strong in 1998 as a research analyst. Prior to Strong, he was a research analyst with M&I Investment Management, Inc. and a trader with Republic Securities, Inc. Tom earned a bachelor’s degree in finance from Miami University. He earned a master’s degree in finance from the University of Wisconsin, Madison, and is an alumnus of the Applied Security Analysis Program. Tom has earned the right to use the CFA designation.